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Tag: Banks

The currency war’s aftermath…

Brazil’s fight to strength the Real

In September 2010, Guido Mantega, Brazil’s Finance Minister, accused the U.S. of conducting an international “currency war”. Back then, the Brazilian Real was trading at about 1.71 Real per dollar and the global economy was still attempting to assess the

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Cyprus grabs financial markets attention…

Cyprus Publishing the details of Cyprus bailout plan last week led to an increase at the financial markets risk premium. The increase seems to be fueled by Europe’s financial ministers decision that a substantial portion of the bailout plan will include

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Highlights regarding Global economy

The U.S. Congress voted last week in favor of a temporary increase of the U.S. “debt ceiling“, which will allow the government to continue to operate until May 19th. However, the debate about the future fiscal adjustments that has raged

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Global central banks independence and the “Currency war”

Some of the major headlines in economical news over the last couple of weeks included statements by global economy officials regarding the “Currency war”: The fear that central banks will divert their attention from maintaining price stability to a constant

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